Increased costs following the recent labour budget are raising viability concerns with many in the hospitality sector.
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00:00Many in the UK hospitality sector are voicing concerns about survival since the recent Labour
00:08budget. Bars and restaurants fear rising costs due to proposed tax hikes, wage increases
00:14and stricter environmental regulations. While some welcome policies focusing on sustainability
00:20and workers' rights, others warn they could strain an already struggling industry. These
00:26changes come at a time when many businesses are still recovering from the economic challenges
00:32of recent years. Industry leaders argue that without targeted support or exemptions for
00:38smaller establishments, the new policies could push many operators to closure. Supporters
00:44of Labour's agenda point to the need for fair pay and environmental action, but critics
00:51highlight the need to balance these aims with measures to protect the long-term viability
00:56of small businesses.